Not really. You have to compare the equivalent rarity between the two countries. He's describing a 99th percentile income in the UK. The 99th percentile income in the US is $350K. It's not even close.…
Regulations stifle anything that deals with consumers directly.
You aren't in a bubble, there just aren't many. There are tech companies but they're largely copies of US companies built for the local market (DoorDash -> Deliveroo, Uber/Lyft -> Bolt, etc). Europe has twice the number…
Maybe somewhat, but mostly it means that the US is an economic powerhouse with a lot of companies that provide global value (see: basically every tech company).
Not really. You have to compare the equivalent rarity between the two countries. He's describing a 99th percentile income in the UK. The 99th percentile income in the US is $350K. It's not even close.…
Regulations stifle anything that deals with consumers directly.
You aren't in a bubble, there just aren't many. There are tech companies but they're largely copies of US companies built for the local market (DoorDash -> Deliveroo, Uber/Lyft -> Bolt, etc). Europe has twice the number…
Maybe somewhat, but mostly it means that the US is an economic powerhouse with a lot of companies that provide global value (see: basically every tech company).